Platinum loses shine amid BHP's vast Anglo bid
![Platinum loses shine amid BHP's vast Anglo bid](https://netstorage-legit.akamaized.net/images/c81cbc9bbb777c98.jpg)
Platinum prices are rising due to tight supplies although the metal has fallen out of favour as miner Anglo American seeks to offload assets and fight a vast takeover bid from Australian rival BHP. The metal is used in the manufacture of catalytic converters for high-polluting petrol engines -- but demand has long been forecast to slump as more drivers switch to greener electric cars.